BorgWarner EXPECTED to Lower Guidance and 1 Stock Analysis to Notice
BorgWarner Inc. (NYSE:BWA): When the company reports tomorrow, Wells Fargo expects BorgWarner Inc. to lower their full year earnings per share guidance. This is due to issues involving commercial vehicles and currency. However, the firm does not foresee a significant sell-off, as long as the midpoint is moved modestly below the $5.38 consensus. Wells maintains an Outperform rating on BorgWarner shares.
Weatherford International Ltd. (NYSE:WFT): Morgan Stanley has defended Weatherford International Ltd. shares.
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